文档介绍：湘潭大学
硕士学位论文
基于非对称信息条件的中小企业融资研究
姓名:熊燕
申请学位级别:硕士
专业:政治经济学
指导教师:傅太平
20081120
摘要
改革开放以来,我国中小企业迅速崛起发展壮大,目前已经成为我国社会主义
市场经济中一支重要力量。作为我国国民经济重要组成部分的中小企业的发展虽然
取得了长足的进步,但也存在着制约其发展的许多问题,其中在融资过程中遇到的
困难较为突出。当前我国正处于经济转型的特殊时期,面临着巨大的就业压力和经
济结构调整的迫切需要,大力发展中小企业显得尤其重要,如何化解我国中小企业
发展过程中的资金“瓶颈”成为当前的一个重要研究课题。
当前经济转型背景下,我国中小企业面临的市场环境主要呈现以下几个特征:
市场机制发育不完善、市场体系发展不均衡、信用低下严重影响了融资渠道的多元
化,银行贷款仍然是我国企业融资的主流。本文的研究立足于我国经济转型的特殊
背景,运用非对称信息理论,采用规范分析和实证分析相结合的方法对我国经济转
型时期中小企业融资困境进行理论分析,综合分析了经济转型时期我国中小企业融
资难的原因。通过比较与借鉴国外建立中小企业融资体系的先进经验,结合我国的
实际情况,从解决中小企业融资中信息不对称入手,从企业、政府、和金融机构三
方角度,分别对中小企业融资困境提出合理建议,以期对经济转型时期的中小企业
融资起到积极作用。

关键词:非对称信息中小企业融资困境

I
Abstract
Since reforming and opening to outside,Since the reform and opening-up,the small
and medium-sized enterprises in our country have emerged and developed rapidly,have
already e an important strength in socialist market economy. the development of
Small and Medium-sized enterprises, an important part of national economy in our
country, has made a great of progress. But many problem in limiting their development
still exist. Among them, the strking problem is financing. Facing the huge employment
pressure and the urgent need of the readjustment of the economic structure, Chine is in a
special era of economical reforming now, so it seems extremely important to develop
small and medium-sized enterprises and how to break through the “bottleneck” of fund in
the developing process of small and medium-sized enterprises in China has e a
crucial research topic at present.
Under the current economical reforming background, the Chinese market
environment of small and medium-sized enterprises presents the following several
characteristics: the imperfect market mechanism, the imbalanced market system, the low
credit that rigorously affects the diversified financing channels, the main channel of
financing of Chinese enterprises is still the bank loan。Bases on the s